Global X MSCI Argentina ETF
ARGT
Market cap $420M

69.17 USD

+2.05

3.05%

At close Oct 9, 4:00 PM EDT

After hours

68.76

-0.41

0.59%

1 day

3.05%

5 days

5.60%

1 month

5.30%

3 months

20.13%

6 months

21.22%

Year to date

37.76%

1 year

71.13%

5 years

208.24%

0

Funds holding %

of 6,740 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

129% more repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 7

108% more call options, than puts

Call options by funds: $3.68M | Put options by funds: $1.77M

67% more capital invested

Capital invested by funds: $61.5M [Q1] → $103M (+$41.1M) [Q2]

58% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 12

16% more funds holding

Funds holding: 45 [Q1] → 52 (+7) [Q2]

1.09% more ownership

Funds ownership: 33.44% [Q1] → 34.53% (+1.09%) [Q2]

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Research analyst outlook

We haven’t received any recent analyst ratings for ARGT.

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Financial journalist opinion

ARGT: A Top Performing Global Fund On Track For Sustained Strong Returns

The Global X MSCI Argentina ETF has surged nearly 35% in 2024, driven by President Milei's austerity measures and economic reforms. Key holdings like MercadoLibre, YPF Sociedad Anónima, and Argentine banks have significantly contributed to ARGT's performance, reflecting Argentina's economic recovery. Despite the ETF's price appreciation, valuations remain attractive compared to other emerging market peers, and ARGT still offers upside potential.

ARGT: A Top Performing Global Fund On Track For Sustained Strong Returns

Highest And Lowest Country ETF Dividend Yields

US equities have outperformed the rest of the world for a long time now. While the US is up 58% on a total return basis during the current bull market, the rest of the world is up 13.5 percentage points less at +44.5%. Looking at the international dividend ETF over a longer time frame, over the last five years, it's up 20.6% in price and more than double that on a total return basis.

Highest And Lowest Country ETF Dividend Yields

Zacks Investment Research

Wall Street Surges in August: Best-Performing ETFs

With recession concerns easing and Fed rate cut talks rising, Wall Street closed August with renewed optimism.

Wall Street Surges in August: Best-Performing ETFs

Key Considerations For Those Contemplating A Position In ARGT ETF

Over the last couple of years, ARGT has delivered outstanding alpha of 3.5x relative to global markets. Argentina's growth prospects have taken another hit. ARGT's top holding is more exposed to the Brazilian region with over half its revenues coming from there.

Key Considerations For Those Contemplating A Position In ARGT ETF

ARGT: A Call Option On Argentina's Reform Story

Argentine equities have rallied post-election. But valuations remain quite reasonable relative to the improving fundamentals. Low-cost ARGT remains a great play on the structural reform story.

ARGT: A Call Option On Argentina's Reform Story

Zacks Investment Research

Smart Money Clues: Buy these 5 Stocks

This quarter's 13Fs and insider buys offer vital clues about what the smart money is betting on. Argentina, small caps, Bitcoin, and China are essential market areas to track.

Smart Money Clues: Buy these 5 Stocks

ARGT: Pro-Capitalist Reforms Spark A Major Rally In Argentina Equities

Argentina's wave of capitalism appears to be attracting investors, with the Global X MSCI Argentina ETF up 58% in the past 12 months. ARGT is the top country ETF year over year, with assets under management growing from $55 million to over $275 million. The ETF's allocation is spread across different market caps, but its largest four holdings account for a sizable chunk of the fund.

ARGT: Pro-Capitalist Reforms Spark A Major Rally In Argentina Equities

Invest in Argentina, Musk says in post alongside Milei

Tesla CEO Elon Musk called on investors to back Argentina in a social-media post with the country's new leader, Javier Milei.

Invest in Argentina, Musk says in post alongside Milei

Investors Business Daily

How This Partial Exposure To MercadoLibre Got Us Some Green

Between exposure, volatility and position sizes, here are levers to reduce damage from losses.

How This Partial Exposure To MercadoLibre Got Us Some Green

Zacks Investment Research

Best ETF Areas of Last Week

Wall Street delivered an upbeat performance last week due to dovish Fed cues.

Best ETF Areas of Last Week

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